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Grants Management - Contribution in kind

edited Aug 5, 2021 1:05PM in Project Management 6 comments

Summary

Grants Management - Contribution in kind

Content

We have a requirement where customer receives donations in kind from various donors. Its valued at fair market value and recorded as inventory item which is also recognized as revenue. These inventory items are distributed as grants to needy through various projects (May not be linked to the same award). Project will be tracked with this cost as expenditures.

If anyone has worked on similar requirement using Grants Management, PPM or Finance modules, appreciate if you can share any solution approach or any guidance..

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